On May 30, 2026, Digital China Group Co.,Ltd. announced that the Beijing First Intermediate People's Court had issued a final judgment on the divorce case of its actual controller, Guo Wei, and Guo Zhengli, dismissing the appeal and upholding the original ruling, thereby formally dissolving their marriage.
The case, which lasted nearly two years, saw the final judgment take effect on May 30, 2026. The 155 million shares (representing 21.36% of the company's total share capital) held in Guo Wei's name have been frozen. Based on the latest stock price, the estimated value of these shares is approximately 5.5 billion yuan.
The announcement stated that matters concerning the division of property will continue to be heard by the Beijing Haidian District People's Court, with a judgment to be made after the facts are clarified. The final outcome of the litigation cannot be estimated at present, and there is uncertainty regarding potential changes to the company's actual control. The company is completely separate from its controlling shareholder and actual controller in terms of assets, possessing independent and complete assets, business, and autonomous operational capabilities. This lawsuit only involves the personal shareholder rights and interests of the controlling shareholder and actual controller in the company and will not have a significant impact on the company's profits or production and operations. The company's current production and operations are normal, and it will promptly fulfill its information disclosure obligations based on the subsequent progress of the case.
Regarding this situation, an inquiry was made to Digital China Group's investor relations department. When asked whether this "divorce case" would affect the company's profits and operations, a staff member clearly responded, "No, because his (Guo Wei's) divorce is a personal matter. The company is separate and independent from him in all aspects, including assets. The relevant changes have nothing to do with the company."
However, the property division involving billions of yuan in equity has not yet been finalized. Addressing market concerns about the control of the listed company, the staff member responded, "We will have to wait for the court's final judgment on his (Guo Wei's) property division. Only after that can this matter be settled. We will issue an announcement as soon as we receive it."
According to information, Guo Wei, male, born in 1963, graduated from the University of Science and Technology of China. He joined Lenovo Group in 1988, serving as General Manager of the Public Relations Department, Assistant President, and Senior Vice President. After the split of Lenovo Group in 2000, Guo Wei led the Digital China team to start a second venture. In June 2001, Digital China Holdings successfully listed on the Hong Kong Stock Exchange. In 2016, Digital China Holdings injected its IT distribution business into Shentai Feng, achieving a backdoor listing on the A-share market.
Guo Zhengli graduated from Brown University in the United States, earning a Bachelor's and Master's degree in Electrical Engineering, as well as an MBA in "International Business and Marketing." She previously served as an executive at Intel and Microsoft in the Asia-Pacific region and was invited to join Digital China Holdings at the end of 2017, assuming the role of Chief Operating Officer.
Financial reports show that in the first quarter of this year, the company achieved total operating revenue of 40.557 billion yuan, a year-on-year increase of 27.62%; net profit attributable to the parent company was 236 million yuan, a year-on-year increase of 8.62%; net profit after deducting non-recurring gains and losses was 233 million yuan, a year-on-year increase of 4.14%; net cash flow from operating activities was -2.498 billion yuan, compared to 2.729 billion yuan in the same period last year.
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